TYG Q3 2013 Earnings Report — Tortoise Energy Infrastructure Corporation Revenue & Financial Results | Market Cap Arena

Tortoise Energy Infrastructure CorporationTYG

Q3 2013 Earnings

Reported August 30, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q3 2013	Q2 2013	Q3 2012	QoQ Change	YoY Change
Revenue	$2M	$4M	$2M	-55.2%	10.4%
Op. Income	-$4M	-$1M	-$3M	-188.3%	-34.4%
Gross Margin	-196.4%	-29.0%	-159.4%	-167.4pp	-37.0pp
Net Margin	1650.1%	1447.9%	6663.9%	202.2pp	-5013.8pp
EPS (Diluted)	$1.44	$2.82	$5.26	-48.9%	-72.6%
Free Cash Flow	-$8M	$10M	$13M	-185.4%	-162.7%

Income Statement

Item	Amount
REVENUE	$2M
Cost of Revenue	$5M
GROSS PROFIT	-$3M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$5M
SG&A Expenses	$5M
Other Expenses	$0
Operating Expenses	$45M
Cost & Expenses	$45M
OPERATING INCOME	-$4M
Interest Income	$0
Interest Expense	$52M
Other Income/Expenses	$51M
INCOME BEFORE TAX	$48M
Income Tax Expense	$19M
Net Income from Continuing Ops	$29M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$29M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$29M
D&A	$4M
EBIT	-$4M
EBITDA	$0
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$29M
Depreciation & Amortization	$0
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$37M
Change in Working Capital	$202.0K
OPERATING CASH FLOW	-$8M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	$0
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$15M
Other Financing Activities	$24M
NET CASH FROM FINANCING	$8M
FREE CASH FLOW	-$8M
Net Change in Cash	$0